Price for Mollusc Preparations; Mussels, Prepared or Preserved in China - 2024

Contents:

  1. Price for Mollusc Preparations; Mussels, Prepared or Preserved in China (FOB) - 2024
  2. Price for Mollusc Preparations; Mussels, Prepared or Preserved in China (CIF) - 2024
  3. Exports of Mollusc Preparations; Mussels, Prepared or Preserved in China
  4. Imports of Mollusc Preparations; Mussels, Prepared or Preserved in China

Price for Mollusc Preparations; Mussels, Prepared or Preserved in China (FOB) - 2024

The average export price for mollusc preparations; mussels, prepared or preserveds stood at $2,693 per ton in September 2023, dropping by -12.2% against the previous month. Over the last seven-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 27% m-o-m. As a result, the export price attained the peak level of $3,067 per ton, and then reduced in the following month.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Australia ($6,337 per ton), while the average price for exports to Malaysia ($1,344 per ton) was amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Mollusc Preparations; Mussels, Prepared or Preserved in China (CIF) - 2024

The average import price for mollusc preparations; mussels, prepared or preserveds stood at $2,975 per ton in September 2023, dropping by -19.8% against the previous month. Over the period from February 2023 to September 2023, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 37% against the previous month. As a result, import price reached the peak level of $3,711 per ton, and then shrank dramatically in the following month.

As there is only one major supplying country, the average price level is determined by prices for Chile.

From February 2023 to September 2023, the rate of growth in terms of prices for Chile amounted to +2.4% per month.

Exports of Mollusc Preparations; Mussels, Prepared or Preserved in China

Exports of mollusc preparations; mussels, prepared or preserveds from China reduced dramatically to 5.8K tons in 2022, which is down by -25.4% against 2021. Overall, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 29% against the previous year. As a result, the exports attained the peak of 7.8K tons, and then shrank sharply in the following year.

In value terms, exports of mollusc preparations; mussels, prepared or preserveds contracted markedly to $16M in 2022. Over the period under review, exports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year.

Export of Mollusc Preparations; Mussels, Prepared or Preserved in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea5.34.15.64.0-9.0%
Thailand2.12.43.02.911.4%
South Africa3.11.42.62.1-12.2%
Canada1.82.01.81.5-5.9%
Australia0.71.01.11.322.9%
Malaysia0.50.41.00.817.0%
Russia3.41.01.70.7-41.0%
United States3.02.31.20.6-41.5%
Taiwan (Chinese)0.70.40.40.5-10.6%
United Arab Emirates0.30.30.30.30.0%
Uruguay0.30.30.40.30.0%
ChileN/A0.21.20.20.0%
Ukraine1.10.60.5N/A-32.6%
Others2.01.11.10.8-26.3%
Total24.517.221.916.2-12.9%

Top Export Markets for Mollusc Preparations; Mussels, Prepared or Preserved from China in 2022:

  1. South Korea (1696.1 tons)
  2. Thailand (1548.4 tons)
  3. Malaysia (471.5 tons)
  4. South Africa (363.8 tons)
  5. Russia (335.9 tons)
  6. Canada (220.8 tons)
  7. Australia (210.1 tons)
  8. United States (146.9 tons)
  9. Taiwan (Chinese) (139.0 tons)
  10. United Arab Emirates (134.3 tons)
  11. Chile (129.6 tons)
  12. Uruguay (107.0 tons)
  13. Ukraine (6.0 tons)

Imports of Mollusc Preparations; Mussels, Prepared or Preserved in China

In 2022, purchases abroad of mollusc preparations; mussels, prepared or preserveds was finally on the rise to reach 656 tons after two years of decline. Over the period under review, imports, however, showed a abrupt shrinkage.

In value terms, imports of mollusc preparations; mussels, prepared or preserveds skyrocketed to $1.9M in 2022. Overall, imports, however, showed a abrupt descent.

Import of Mollusc Preparations; Mussels, Prepared or Preserved in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile2.81.91.51.8-13.7%
Canada0.10.10.10.10.0%
OthersN/AN/AN/A0.10%
Total2.82.01.51.9-12.1%

Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to China in 2022:

  1. Chile (638.3 tons)
  2. Canada (16.6 tons)

Source: IndexBox Market Intelligence Platform

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